Geneva Partners LLC Has $709,000 Holdings in Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Geneva Partners LLC boosted its position in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 5.4% in the third quarter, Holdings Channel.com reports. The firm owned 5,527 shares of the company’s stock after acquiring an additional 285 shares during the period. Geneva Partners LLC’s holdings in Vanguard High Dividend Yield ETF were worth $709,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of VYM. Norden Group LLC lifted its stake in Vanguard High Dividend Yield ETF by 30.7% in the 1st quarter. Norden Group LLC now owns 2,905 shares of the company’s stock valued at $352,000 after acquiring an additional 683 shares in the last quarter. Central Pacific Bank Trust Division bought a new stake in shares of Vanguard High Dividend Yield ETF in the first quarter worth $27,000. Commerce Bank boosted its holdings in Vanguard High Dividend Yield ETF by 3.4% during the first quarter. Commerce Bank now owns 171,850 shares of the company’s stock worth $20,792,000 after purchasing an additional 5,730 shares during the last quarter. Rehmann Capital Advisory Group grew its position in Vanguard High Dividend Yield ETF by 23.4% in the first quarter. Rehmann Capital Advisory Group now owns 9,455 shares of the company’s stock valued at $1,144,000 after purchasing an additional 1,790 shares in the last quarter. Finally, Richardson Financial Services Inc. acquired a new stake in Vanguard High Dividend Yield ETF in the 1st quarter valued at $212,000.

Vanguard High Dividend Yield ETF Price Performance

Vanguard High Dividend Yield ETF stock opened at $127.29 on Tuesday. The company has a market cap of $57.64 billion, a price-to-earnings ratio of 15.88 and a beta of 0.70. The firm has a 50-day moving average of $127.71 and a 200-day moving average of $122.79. Vanguard High Dividend Yield ETF has a one year low of $101.53 and a one year high of $131.85.

About Vanguard High Dividend Yield ETF

The Vanguard High Dividend Yield Index Fund (VYM) is an exchange-traded fund that is based on the FTSE Custom High Dividend Yield index. The fund tracks the FTSE High Dividend Yield Index. The index selects high-dividend-paying US companies, excluding REITS, and weights them by market cap. VYM was launched on Nov 10, 2006 and is managed by Vanguard.